11394 Fm 2661, Tyler, TX

$499,000

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4,070

Square feet

1.00

Acre

About 11394 Fm 2661

Fantastic investment opportunity in fast growing Tyler TX with a 14.43% cap rate! This is an income producing property. This home has been divided into 8 rooms and 1 apartment. With the possibility of having another apartment in the same home. You can easily make $6,000 a month, which is $72,000 a year! You could rent it all, or you could just rent an area and make the rest of the home your homestead. This is a rare opportunity to own a piece of history that produces passive income and it’s outside the city limits but just 7 miles away from any necessities you may have like Supermarkets, Malls, Services, Banks, Franchises, Parks, Schools and many more! Don't miss this one, call and schedule your showing today!

Features of 11394 Fm 2661

MLS® # 24012107
Price $499,000
Square Footage 4,070
Acres 1.00
Year Built 1900
Type COMMERCIAL BUILDING/LAND
Sub-Type Building
Status Active

Community Information

Address 11394 Fm 2661
City Tyler
County Smith
State TX
Zip Code 75709

Amenities

Is Waterfront No

Exterior

Lot Description 40,700 sqft
Construction Wood/ Frame, Shingles

Additional Information

Date Listed November 30th, -0001
Zoning Other/See Remarks
Foreclosure No

Listing Details

AgentLuis Miranda
OfficeMiller Homes Group

Listing Map

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